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Co-WIN App को लेकर ट्विटर पर मचा हंगामा, बताया ऐप और साईट में आ रही कई दिक्कतें
Co-WIN App को लेकर ट्विटर पर मचा हंगामा, बताया ऐप और साईट में आ रही कई दिक्कतें
भारत में आज 1 मार्च से COVID-19 टीकाकरण अभियान का दूसरा फेज शुरू हो गया है। इस फेज में 60 साल से ज्यादा उम्र के लोगों और गंभीर बीमारी से पीड़ित 45 साल से ज्यादा उम्र के लोगों का टीकाकरण किया जा रहा है। COVID-19 वैक्सीन लगवाने के लिए सरकार ने ऑनलाइन रजिस्टर कराने का ऑप्शन भी दिया है। केंद्रीय स्वास्थ्य मंत्रालय ने बताया है कि ‘ऑन-साइट’ रजिस्ट्रेशन की सुविधा Co-WIN App और साईट पर उपलब्ध करा�� जा रही…
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#Co-Win 2.0#co-win 2.0 portal#Co-WIN App पर नहीं मिल रहा otp#Co-WIN App से नहीं हो पा रहा COVID वैक्सीन के लिए रजिस्ट्रेशन#COVID वैक्सीन पाने के लिए कैसे कराएं रजिस्ट्रेशन#covid-19 vaccine app#covid-19 vaccine registration#covid-19 vaccine registration in india#cowin 2.0 portal login#cowin registration#Hindi News#Hindustan#how to download cowin app#how to login cowin app#how to register for covid vaccine#how to register for covid vaccine in india#News in Hindi#otp में आ रही दिक्कत#हिन्दुस्तान
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Unusual normal living.Five of extensive campaignsfor the three game modes: Cooperative, Versus and the game ofsurvival. This co-operative action horror FPS takes you and your friends through the cities, swamps and cemeteries of the Deep South, from Savannah to New Orleans across. Over 20 new weapons and items, including more than 10 types of melee weapons Left 4 Dead 2 freeload (v2.2.1.3) Set in the zombie apocalypse, Left 4 Dead 2 (L4D2) is the highly anticipated sequel to the award-winning Left 4 Dead, the 1 co-op game of 2008.
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You just have toremember in time to pull the trigger or clobber monstryatinu those thatcame to hand. VPK files are used for storing maps, models, materials, choreography scenes, and other original. It may be a master directory file for a collection of VPK files or may be one of the raw VPK data files. To make a mad L4D gameplay even morefurious, Director (AI Director), artificial intelligence, monitoryour actions in the original game and correct environment on the basisof this analysis has now reached the next level - 2.0! From now on, hechanges the weather, the population of zombies, their behavior, thedifferent effects and sounds based on your behavior more effectively.Director tune L4D2 under your style of play. A VPK file is a Valve Pak file used by some games developed with the Source Engine, which include Half-Life, Left 4 Dead, DOTA 2, and Portal 2. Its an action game, set in a horror, licensed title and zombies themes. You also meet with unusual normal infected, including thenightmarish madmenov (mudmen). Land of the Dead: Road to Fiddlers Green (aka, : ) is a video game published in 2005 on Windows by Groove Games. This entry was posted on Tuesday, July 7th, 2009 at 12:09 am and is filed under Left 4 Dead, Steam, Valve. You have to use the entire arsenalagainst the monstrous special Infected (or playing for them in the modeVersus). This fixes support for the newer VPK format that was introduced recently in Left4Dead.
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Developer: Valve Software | Language: English Review :
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Left 4 dead 2 characters
L4D 2 features The AI Director 2.0 which expands the Director’s ability to customize level layout, world objects, weather, and lighting to reflect different times of day. AI Director 2.0: Advanced technology dubbed The AI Director drove L4D's unique gameplay – customizing enemy population, effects, and music, based upon the players’ performance.Each of the five new campaigns contains at least one new uncommon common zombies which are exclusive to that campaign. Five expansive campaigns for co-operative, Versus and Survival game modes.Over 20 new weapons & items headlined by over 10 melee weapons – axe, chainsaw, frying pan, baseball bat – allow you to get up close with the zombies.Next generation co-op action gaming from the makers of Half-Life, Portal, Team Fortress and Counter-Strike.L4D2 promises a satisfying and uniquely challenging experience every time the game is played, custom-fitted to your style of play. This improved Director has the ability to procedurally change the weather you'll fight through and the pathways you'll take, in addition to tailoring the enemy population, effects, and sounds to match your performance. Helping to take L4D's frantic, action-packed gameplay to the next level is AI Director 2.0. You'll also encounter five new uncommon common infected, including the terrifying Mudmen. You'll be putting these weapons to the test against (or playing as in Versus) three horrific and formidable new Special Infected. In addition to firearms, you'll also get a chance to take out some aggression on infected with a variety of carnage-creating melee weapons, from chainsaws to axes and even the deadly frying pan. You'll play as one of four new survivors armed with a wide and devastating array of classic and upgraded weapons. Tweaking a character’s design is nothing new, it happens all the time in video game development. This co-operative action horror FPS takes you and your friends through the cities, swamps and cemeteries of the Deep South, from Savannah to New Orleans across five expansive campaigns. The Survivors exit the wrecked helicopter to find that they have landed in a bayou. Continued abuse of our services will cause your IP address to be blocked indefinitely.Set in the zombie apocalypse, Left 4 Dead 2 (L4D2) is the highly anticipated sequel to the award-winning Left 4 Dead, the #1 co-op game of 2008. (From left to right: Ellis, Coach, Rochelle, and Nick) After being rescued, the helicopter pilot becomes infected, prompting Nick to shoot him and cause the helicopter to crash. Please fill out the CAPTCHA below and then click the button to indicate that you agree to these terms. If you wish to be unblocked, you must agree that you will take immediate steps to rectify this issue. If you do not understand what is causing this behavior, please contact us here. If you promise to stop (by clicking the Agree button below), we'll unblock your connection for now, but we will immediately re-block it if we detect additional bad behavior. Overusing our search engine with a very large number of searches in a very short amount of time It is based on the Frying Pan from the video game Left 4 Dead 2 a seasoned cast-iron skillet with a small dent on the underside.Using a badly configured (or badly written) browser add-on for blocking content The Brad Military: -Literally heavily armed, both groups from Left 4 Dead 1 and 2 who are less in amount of people and fire power still lasted longer than them.Running a "scraper" or "downloader" program that either does not identify itself or uses fake headers to elude detection.Using a script or add-on that scans GameFAQs for box and screen images (such as an emulator front-end), while overloading our search engine.There is no official GameFAQs app, and we do not support nor have any contact with the makers of these unofficial apps. Continued use of these apps may cause your IP to be blocked indefinitely. This triggers our anti-spambot measures, which are designed to stop automated systems from flooding the site with traffic. Some unofficial phone apps appear to be using GameFAQs as a back-end, but they do not behave like a real web browser does.Using GameFAQs regularly with these browsers can cause temporary and even permanent IP blocks due to these additional requests. If you are using Maxthon or Brave as a browser, or have installed the Ghostery add-on, you should know that these programs send extra traffic to our servers for every page on the site that you browse.The most common causes of this issue are: Your IP address has been temporarily blocked due to a large number of HTTP requests.
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Friend without steam:: Left 4 Dead 2 General Discussions. Content posted in this community. May contain Strong Violence or Gore. Don't warn me again for Left 4 Dead 2. Accepted Answer. Open Steam, doesnt matter if its store, community, or whatever. Now look at the top of the page, toward the left corner, there should be five things there: Steam, View, Friends, Games, and Help. Click on friends and click offline, you will then be offline. Left 4 Dead 2 is a cooperativefirst-person shootervideo game developed and published by Valve Corporation. The sequel to Turtle Rock Studios's Left 4 Dead, the game was released for Microsoft Windows and Xbox 360 in November 2009, and for OS X in October 2010, and for Linux in July 2013. All Gametypes #2 Non-Steam US (0/4) 192.223.24.219:27015 - Left 4 Dead 2 Server in United States.
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Set in the zombie apocalypse, Left 4 Dead™ 2 (L4D2) is the highly anticipated sequel to the award-winning Left 4 Dead, the #1 co-op game of 2008.
This co-operative action horror FPS takes you and your friends through the cities, swamps and cemeteries of the Deep South, from Savannah to New Orleans across five expansive campaigns.
You’ll play as one of four new survivors armed with a wide and devastating array of classic and upgraded weapons. In addition to firearms, you’ll also get a chance to take out some aggression on infected with a variety of carnage-creating melee weapons, from chainsaws to axes and even the deadly frying pan. You’ll be putting these weapons to the test against (or playing as in Versus) three horrific and formidable new Special Infected. You’ll also encounter five new “uncommon” common infected, including the terrifying Mudmen.
Helping to take L4D’s frantic, action-packed gameplay to the next level is AI Director 2.0. This improved Director has the ability to procedurally change the weather you’ll fight through and the pathways you’ll take, in addition to tailoring the enemy population, effects, and sounds to match your performance. L4D2 promises a satisfying and uniquely challenging experience every time the game is played, custom-fitted to your style of play.
Be sure to pick up a copy November 17th on Xbox® 360 or Steam®, and discover for yourself how much fun a zombie apocalypse can be:
–Next generation co-op action gaming from the makers of Half-Life, Portal, Team Fortress and Counter-Strike.
– Over 20 new weapons & items headlined by over 10 melee weapons – axe, chainsaw, frying pan, baseball bat – allow you to get up close with the zombies
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– New survivors. New story. New dialogue.
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–Five expansive campaigns for co-operative, Versus and Survival game modes.
– An all new multiplayer mode.
– Uncommon common infected. Each of the five new campaigns contains at least one new “uncommon common” zombies which are exclusive to that campaign.
–AI Director 2.0: Advanced technology dubbed “The AI Director” drove L4D’s unique gameplay – customizing enemy population, effects, and music, based upon the players’ performance. L4D 2 features “The AI Director 2.0” which expands the Director’s ability to customize level layout, world objects, weather, and lighting to reflect different times of day.
–Stats, rankings, and awards system drives collaborative play
– Support for split screen play (Xbox 360 version only)
How To Install L4D2:
Download L4D2 from the link below.
Extract the files onto the desktop.
Once extracted, go to the folder named: Left 4 Dead 2 and extract the .RAR file.
After extraction, go to extracted folder and run Setup for the installation.
The extraction will take some time, 10-15mins depending on how fast your CPU is. After that it should be installed.
Enjoy your game.
Click HERE To Download Left 4 Dead 2.
File Size: 1.97GB
File Type: RAR File.
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How to register for Covid vaccination on Aarogya Setu App
How to register for Covid vaccination on Aarogya Setu App
The beneficiaries can visit – http://www.cowin.gov.in – to register themselves or on Co-Win 2.0 portal or via the Aarogya Setu app, which has CoWIN app integration. The registrations opened at 9 am on Monday and will be open till 3 pm every day. Follow the steps below to register for vaccination via Aarogya Setu: 1) Download the Aarogya Setu app on your mobile phone for Android or iOS. 2) See…
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Walk-in vax for 45 years or above in Lucknow
Walk-in vax for 45 years or above in Lucknow
LUCKNOW: If you are 45 years or above, simply walk-into an authorised vaccination centre for the jab against Covid-19 from Thursday. Another option is to preregister yourself on the Co-WIN 2.0 portal to get the shot at the convenient time slot at the centre nearest to your home. You will only have to carry a government recognised photo ID with your date of birth (DoB). Earlier, the vaccination…
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PM Modi takes first dose of COVID-19 vaccine at AIIMS
Prime Minister Narendra Modi on Monday took his first dose of the COVID-19 vaccine at AIIMS here and appealed to all those who are eligible to get inoculated.
Sister P Niveda, from Puducherry, administered Bharat Biotech's COVAXIN to the prime minister, sources said.
"Took my first dose of the COVID-19 vaccine at AIIMS. Remarkable how our doctors and scientists have worked in quick time to strengthen the global fight against COVID-19," Modi tweeted after taking the vaccine shot.
"I appeal to all those who are eligible to take the vaccine. Together, let us make India COVID-19 free!" he said.
The prime minister also posted a picture of himself taking the first dose of the vaccine in which he is seen sporting a Assamese 'gamocha' and getting inoculated with a smile on his face.
Sister Niveda and a second nurse from Kerala can be seen in the picture posted by Modi.
The prime minister went to AIIMS without any arrangement of "route" on the roads, thus choosing early morning to ensure no inconvenience to people, the sources said.
The government had announced on Wednesday that everyone above 60 years of age and those over 45 years with comorbidities will be able to get COVID-19 vaccine from March 1 for free at government facilities and for a charge at many private hospitals.
Citizens will be able to register and book an appointment for vaccination, anytime and anywhere, using the Co-WIN 2.0 portal or through other IT applications such as Aarogya Setu.
Source: https://www.dailypioneer.com/2021/top-stories/pm-modi-takes-first-dose-of-covid-19-vaccine-at-aiims.html
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Get information from registration to the entire process in CoWIN 2.0 here
Get information from registration to the entire process in CoWIN 2.0 here
Highlights: Registration on the Co-Win 2.0 portal or Aarogya Setu app Second phase begins against Covid-19epidemic. Having trouble booking a slot The Indian government has started the second phase against the Covid-19epidemic in the country from today. Starting today, the corona vaccine has been started for common citizens of the country. Now for the common citizens in the country, people above…
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COVID-19 vax: Registration on Co-Win 2.0 portal to start today, here's what you should know
COVID-19 vax: Registration on Co-Win 2.0 portal to start today, here’s what you should know
The second phase of the COVID-19 vaccination drive for people above 60 years and those aged 45 and above with comorbidities will begin from March 1.Citizens can register and book an appointment for vaccination, using the Co-WIN 2.0 portal or through other IT applications such as Arogya Setu.Registrations for COVID-19 vaccination on the Co-WIN 2.0 portal will open at 9 am Monday at…
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कोरोना वैक्सीनेशन 2.0: आम लोगों के लिए दूसरे फेज का टीकाकरण आज से शुरू; Co-WIN पोर्टल और आरोग्य सेतु ऐप पर रजिस्ट्रेशन कर सकते हैं
कोरोना वैक्सीनेशन 2.0: आम लोगों के लिए दूसरे फेज का टीकाकरण आज से शुरू; Co-WIN पोर्टल और आरोग्य सेतु ऐप पर रजिस्ट्रेशन कर सकते हैं
Hindi News National Vaccination Of Common People From Today Onwards, Registration Will Start At 9 Am On CO WIN Portal And Arogya Setu App Ads से है परेशान? बिना Ads खबरों के लिए इनस्टॉल करें दैनिक भास्कर ऐप नई दिल्लीएक घंटा पहले कॉपी लिंक देशभर में कोरोना संक्रमण के खिलाफ वैक्सीनेशन का दूसरा फेज सोमवार को शुरू हो गया। इस फेज में 60 साल से अधिक और 45 साल से ज्यादा उम्र के गंभीर बीमारियों से…
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COVID-19 vaccine registration on Co-WIN 2.0 portal begins from March 1, check details
COVID-19 vaccine registration on Co-WIN 2.0 portal begins from March 1, check details
New Delhi: As the nation eagerly awaits for the third phase of COVID-19 vaccination to commence from March 1, the health ministry announced that the registration on the Co-WIN 2.0 portal will open at 9 am on Monday (March 1). In the third phase of the coronavirus vaccination drive which begins from March 1, the government is aiming to expand the vaccination drive to the general public of the…
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Registration for Kovid vaccination on Co-Win 2.0 will open tomorrow at 9 am
Registration for Kovid vaccination on Co-Win 2.0 will open tomorrow at 9 am
The next phase of the COVID-19 vaccination campaign will begin on March 1 with people over 60 years of age and people over the age of 45 and comradities and registration on the Co-WIN2.0 portal will open at 9 am on Monday. Citizens will be able to make a registration and booking for vaccination at any time and anywhere, using the Co-Winner 2.0 portal or through other IT applications such as…
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New Post has been published on https://techcrunchapp.com/qyuki-ceo-samir-bangara-dies-in-road-accident-technology-news-ettech/
Qyuki CEO Samir Bangara dies in road accident, Technology News, ETtech
Samir Bangara, the co-founder and chief executive of digital music platform Qyuki Digital Media, passed away on Sunday morning following a motorcycle accident, believed to have taken place on the outskirts of Mumbai, India’s commercial capital.
“We are all in a state of complete and utter despair and words will do no justice to express this loss. But it is our duty to absorb this shock for now so that we can be there for each other, especially for his family, just the way Samir would have liked us to,” said Sagar Gokhale, co-founder and chief operating officer of Qyuki, in a statement to the company’s employees, informing them of the tragedy.
You will live in our hearts forever. #RIP https://t.co/Hpwr3yOyVT
— Qyuki (@MyQyuki) 1592134289000
“On behalf of Team Qyuki and all our allies, we seek your support. Given the pandemic, please send your prayers from home until such time as we have more information to share with you,” according to Gokhale’s short note.
Before taking over as chief executive, Bangara essayed multiple roles, across functions and organisations, including as venture capital investor, investment banker, C-Suite executive and startup founder.
Terrible news RIP @samirbangara – such a sharp mind, ambitious and a gentleman- we worked so well so many years – o… https://t.co/SoKr510GIP
— Ronnie Screwvala (@RonnieScrewvala) 1592127560000
The 46-year-old, a riding enthusiast, shot into prominence when he, along with founder Vishal Gondal, engineered the sale of home-grown video publisher Indiagames — where he was chief operating officer — to entertainment conglomerate Disney in 2012-13, for a reported $80-$100 million.
My friend, colleague, tech founder @MyQyuki , @samirbangara passed away in a tragic bike accident this morning. Des… https://t.co/zfGW12HeGS
— Anupam Mittal (@AnupamMittal) 1592120389000
Just heard that @samirbangara is no more. Horrible, heartbreaking news. Man’s been a friend for a long time. Such a… https://t.co/PIr5guiZJs
— VISHAL DADLANI (@VishalDadlani) 1592114196000
The University of Mumbai alum then served as managing director – digital for Disney India, for less than a year, before quitting to join Qyuki.
“Samir’s untimely passing way has been a big loss. I am honoured and blessed to have known him for over 20 years. He was truly a blessing and support in my life and I will miss him,” Gondal said.
Still can’t believe @samirbangara you are gone.We have done so many things together Traveled the world, experienc… https://t.co/rhtEBzgKD8
— Vishal Gondal (@vishalgondal) 1592128712000
Qyuki, a seven-year-old Mumbai-based startup, was initially launched by director Shekhar Kapur and Grammy and Oscar-winning music composer AR Rahman in 2012, before the duo brought Bangara on board to head operations.
In February, the company reportedly closed a $3.5 million funding round led by Info Edge Venture Fund, the new alternate investment fund created by the owner of India’s largest job portal, Naukri, to invest in tech and tech-enabled entities.
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Mind the Wi-Fi Passenger Experience Gap
By Chris Bruce, managing director, GlobalReach Technology
Have you ever used Wi-Fi on a commuter train service?
If you do so daily, have you wondered why you have to click the T&Cs each time you connect? Have you ever been bumped off the Wi-Fi service on your train and had to connect to a different service on the platform as the train stops at a station? And, has your smartphone ever been confused as to which signal (SSID) to connect to when two trains from different TOCs (Train Operating Companies) are at adjacent platforms?
I am a daily business commuter to London, and I find all these things frustrating and as I work in the Wi-Fi sector I also know that the experience for me and millions of others is unnecessarily complex. It is relatively easy to fix these issues, and through Hotspot 2.0 Wi-Fi roaming, create a revenue stream that will compensate the TOCs and fund a connected passenger journey.
There is no technical reason why a passenger moving from one train service to another cannot register once and be connected seamlessly throughout their rail journey. Hotspot 2.0 solves all these problems and provides a more secure connection via encrypted radio link from handset to Wi-Fi access point. Both the technology standards and supporting hardware are available now and businesses in other industries, like retail and hospitality, are already seeing the benefits of a better, and more secure, user experience.
The passenger experience - and that of the rail operator - can be improved by making the Wi-Fi service better. This was the essence of the recent submission that GlobalReach made to the Williams Rail Review, the UK Government’s rail six months industry review.
Make Rail Wi-Fi Better
The UK rail network is a patchwork of different stakeholders, made up of Network Rail and the different TOCs, station retailers, contractors, maintenance companies and many others. By adopting the Hotspot 2.0 standard, simple roaming agreements can be put in place that let passengers register for Wi-Fi just once and move from one Wi-Fi network to another. They can connect using a profile stored in their smartphone’s SIM card or via the train operator’s loyalty scheme app.
Passengers connect to Hotspot 2.0 services by downloading a one-time provisioning file to their device. This then automatically configures Wi-Fi settings and encryption. Once the device is provisioned with a Hotspot 2.0 credential, this one-time sign-up then gives passengers an automatic connection whatever train, route or rail operator they are using.
When commuters like me return to the station or train, their devices are ‘remembered’ and they automatically connect day after day, without the need to log in again. It’s a better experience made possible by a mature Hotspot 2.0 technology standard, which has been available since 2014.
A passenger engagement channel
While better Wi-Fi may not help trains to arrive on time, it will improve passenger communication about journey information, delays and cancellations. General messages can be sent to the devices of all Wi-Fi users on a platform or train to supplement PA announcements, and allow them to plan alternatives, reducing stress in times of service disruption. It may also occupy passengers for entertainment or work.
With this ability to target communications at a granular level, TOCs can increase the transparency and relevancy of their passenger service announcements, and so improve satisfaction.
Better Wi-Fi security
Imagine that you’re on the move, working or communicating away from your home network. You’re potentially vulnerable to man-in-the-middle attacks.
Hotspot 2.0 delivers higher levels of user security and legal compliance with GDPR and security responsibilities. This happens by authenticating the subscriber’s connection with credentials provided by their mobile operator on the user’s SIM or via online signup (OSU) validation. Hence TOCs can meet all CSP (Communications Service Provider) and ISP (Internet Service Provider) regulations for providing the service.
Some Wi-Fi operators authenticate users for seamless login with the MAC (Media Access Control) addresses of a previously connected device. However, communications between the device and the access point are unencrypted with this method. Moreover, many of the handset operating systems updates ‘randomise’ MAC authorisation on many devices for other security reasons, so returning users may have to log in each time.
Hotspot 2.0 overcomes this issue by using encryption between the Wi-Fi access point and the user device and is, therefore, more secure.
The upside for train operators
Better Wi-Fi is not just better for travellers. With a Hotspot 2.0 service in place, rail Wi-Fi operators may also have a new way to secure income from the Wi-Fi roaming and mobile offload agreements, to help fund the network improvements.
Hotspot 2.0 makes using Wi-Fi more like a mobile network. This seamless user experience, combined with the better ‘in-carriage’ coverage that Wi-Fi offers, makes these services more attractive to mobile carriers, aggregators and other telco service providers. They’re in high demand as a way to quickly grow their coverage footprints and enable offload.
By implementing roaming agreements, passengers can benefit from secure and automatic Wi-Fi access whatever their route or with whichever TOC. Rail operators can still retain their brand identities by keeping their existing SSID, portal and user experience by using a Hotspot 2.0 roaming feature called RCOI. This is a Roaming Consortium ID which allows all parties to roam across different Wi-Fi networks.
This is good news for rail companies. Third-party partners can roam or offload data onto the rail Wi-Fi network for a fee, and these fees could contribute to funding and upgrading to a world-class connected passenger journey.
The future of rail connectivity
Upgrading Wi-Fi authentication and policy management across railway infrastructure (trains, stations, platform and depots) can enhance the passenger experience and improve satisfaction levels. Hotspot 2.0 makes this possible. A collaborative approach between rail companies can make this happen.
Reimagine my daily commute with an automatic Wi-Fi connection. As I reach the station and move from platform to train, my phone is already connected no matter whether I switch to a different rail company. I don’t have to login again and again, and I have a way to stay in touch, work, or keep my family entertained.
This relatively small and simple upgrade to existing rail Wi-Fi infrastructure can open the door to huge improvements to the passenger experience and to passenger satisfaction.
About GlobalReach Technology
GlobalReach has designed and built some of the world’s most sophisticated Wi-Fi services such as the award-winning London Underground Wi-Fi service (as a white-label supplier to Virgin Media).
Its carrier-grade solutions are used by ScotRail (including data offload), Coast to Coast Rail (including a single sign-on solution, train to the platform), GlobalReach has delivered Wi-Fi services for Virgin West Coast and also provides passenger Wi-Fi on buses and taxi services, as well as inflight Wi-Fi and maritime services.
As the rail sector looks to improve its customer experience, we are ready to help support the UK rail industry deliver a world-class connected passenger journey to enhance the overall customer experience, whilst enabling commercial models to support the investment required.
Chris Bruce is managing director, GlobalReach Technology. He has more than 15 years experience in service provider Wi-Fi as CEO of BT Openzone and in his chair/co-chair positions at the Board of the Wireless Broadband Alliance (WBA). www.wballiance.com
Contact us to upgrade your passenger Wi-Fi service to Hotspot 2.0.
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Why a ‘Decentralized’ Crypto Exchange Is Seeking a Securities License
Everbloom, one of numerous so-called decentralized exchanges (DEXs) for cryptocurrencies that have cropped up lately, is seeking to become a licensed broker-dealer in a bid to attract institutional investors.
Revealed exclusively to CoinDesk, the startup recently registered with the U.S. Securities and Exchange Commission and submitted an application for a license from the Financial Industry Regulatory Authority (FINRA), the self-regulatory organization (SRO) for securities dealers. If approved, Everbloom would be allowed to profit from services related to trading securities.
That’s a must in the company’s view, given the uncertain regulatory environment for tokens issued through initial coin offerings (ICOs), and more specifically the possibility that many of the ERC-20 standard ethereum tokens traded on Everbloom could be deemed securities under U.S. law.
“Obtaining a broker-dealer license is a long, tedious and expensive endeavor but we believe a necessary one that will ultimately add long-term value to the company and position ourselves well against our competitors,” said Everbloom chief operating officer Scott Pirrello.
Stepping back, most DEXs today are “decentralized” in the sense that they let traders retain custody of their assets and utilize open source platforms that don’t necessarily require know-your-customer (KYC) identity checks. Rival startups like 0x generally outsource such operational responsibilities to entities called relayers and focus on maintaining the underlying protocols.
Everbloom takes the opposite approach, aggregating order books from DEX protocol EtherDelta and soon 0x too. It’s essentially a central hub for self-custodied swaps on decentralized exchanges.
This may sound ironic if not oxymoronic to some, like punk-pop music or vegan bacon. But, unlike traditional crypto exchanges, Everbloom doesn’t deal with custody or approve trades. It offers what Pirello called a “service-oriented approach” to self-custody by building compliant reporting and analytics features, plus accounting software, into its platform.
While the DEX concept was originated by hardcore crypto users who despaired of trusting third parties with their funds, it’s starting to draw interest from the institutional crowd. These button-down investors may not want to handle custody themselves (and larger ones are required to use a qualified custodian anyway), but they don’t want to rely on some shadowy crypto exchange to do it either.
Everbloom CEO Andrew Rollins put it a bit more diplomatically:
“The appeal of the decentralized or non-custodial exchange approach is they [traders] get to define their own custody solutions.”
After raising $2 million from investors such as Mashable co-founder Frederick Townes, Indicator Ventures, and First Star venture firm’s Drew Volpe, an early ethereum investor, Everbloom quietly opened its platform for institutional traders in late July. However, the company won’t charge for its services until the FINRA license comes through.
Competitive landscape
Pirrello said he expects it to take at least a year to get an answer from regulators. In the meantime, the Everbloom platform is mostly a slick interface where anyone can search multiple DEXs’ order books simultaneously and trade directly using cryptocurrency wallets such as MetaMask.
Users such as the trading firm Makor Capital are already using Everbloom, free of charge, to submit hundreds of orders per day, sometimes to multiple order books at once. These orders include roughly 900 prospective trading pairs from 140,000 offers aggregated from various DEX platforms.
Newblock Capital managing partner AJ Nary, a fund that invests in both tokens and equity, told CoinDesk that although he sees the irony in creating intermediaries for decentralized platforms, it’s important to have “a comfortable trading platform” for his institutional clients. Nary already uses Everbloom himself and is laying the groundwork for his fund to follow suit.
Having a team at the DEX startup to call if something were to go wrong is an important factor when he selects which platform to use. For Nary, the prospect of compliant reporting features is also a considerable draw.
Even so, there are plenty of DEX startups joining the broader industry “arms race” for institutional users. As such, Everbloom will need more than a license and help hotline to distinguish itself.
In addition to the features described above, Everbloom also controls a central portal through which it can offer closed trading groups for accredited investors with third-party KYC certification. Yet the rival DEX startup AirSwap also offers closed trading pools with outsourced KYC through the fintech startup Wyre.
DEX creator Trey Griffith, co-founder of the rival startup SparkSwap, said liquidity for large-scale orders will be the key to attracting enterprise users because few DEXs will dominate volume down the road, adding:
“Whoever gathers significant volume is probably going to win.”
Speaking to this focus on volume through aggregation, Rollins said users can congregate on Everbloom and prove legitimacy for orders across the DEX ecosystem. “The idea behind this is to bridge different pools of liquidity,” he said.
Image of Everbloom COO Scott Pirrello (L) and CEO Andrew Rollins (R) courtesy of the company
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
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